As a CIO, you must lead and drive the whole strategy from start to finish. This doesn’t mean that you do all the work. Put together a team of people who have a sense of ownership. You want absolutely everyone to buy into your strategy.
Look for direct reports that have a passion for this topic and engage them. Also consider leaders who actually need to develop a stronger strategic focus – people who get along with and respect others and want to be challenged.
The classic approach is to be aligned with the business strategy. As a CIO, you are both part of the business and represent IT, so by definition, this process of alignment requires you to educate others and yourself to deep dive into the business. Captavo provides:
IT strategy - supporting a range of IT strategy and optimization challenges, including organizational and infrastructure design, IT business alignment, IT benchmarking and return on investment, data governance, sourcing and vendor selection, and IT cost takeout.
IT delivery - offering complex IT systems delivery management and optimization, large-scale program management, custom application development and integration, and onshore/offshore delivery.
We help clients transform themselves for the digital age by aligning their company's structure and processes with a future where automation and machine learning will remake industries and reshape the workforce. We assist by attracting, engaging, and putting strategies in place to retain the best digital people. And we work with clients to ensure they have the capabilities—the systems, tools, digital skills, and technology—to realize their strategic vision.
IT goals align with the company vision
In the past, IT goals were very technical and specific to the department’s function. And that can still be the case — but not exclusively. Your work supports the teams who are delivering customer experiences. And no one works in a vacuum. So, goals for internal technology solutions should align with the company’s vision as well. This way, you can focus on work that will deliver the most value and help the IT team understand the role of their work at the company level.
Companies often struggle with their strategic-management and planning processes. It can be challenging to reconcile the pressure for short-term returns with long-term strategic goals, and it's difficult to build the capabilities needed to execute strategies. We help companies strengthen their strategy-development processes, make better decisions, and then act on them. We can assist clients with solutions to specific issues or design a whole new approach to strategic management and planning.
We know winning strategies are built on more than optimistic timetables; they are based on bold, unbiased decisions. Building processes that draw upon behavioral strategy reduces the impact of cognitive biases—excessive optimism, groupthink, and loss aversion—that can affect critical decisions made by even the most experienced managers in the best companies.